What to Do When Customers Go Insolvent

Conducting due diligence such as insolvency searches can help reduce your business risk, even if it’s not a foolproof solution.

One of the most important things in any business is cash flow. Nearly every business out there bases their future planning to some degree on money that they have yet to receive. When a customer goes insolvent and files for bankruptcy, that can damage your cash flow, and your business, in a big way. The […]

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